To stay afloat in this highly volatile market, exploration and productions (E&P) companies rely on high cash flow by reducing their Capex (capital expenditures) and Opex (operational expenditures), which directly strains oilfield services and equipment (OFSE) companies. The reduction is significant in drilling new wells, aggravating the oil market’s volatility…
Mohit Kumar began his remarkable journey in a small village near Agra, India, and today is an oil and gas industry leader in Anchorage, Alaska.
Growing up in a farming family, he overcame numerous obstacles and emerged as one of the top performers in the prestigious IIT-JEE examination, securing the 3303rd All India Rank out of over 700,000 students. This achievement paved the way for him to study petroleum engineering at the Indian Institute of Technology (ISM), Dhanbad, from where he graduated with honors in 2008.
Today, Kumar serves as an account manager for one of the world’s largest oilfield service companies, residing in Alaska. Progressing from project manager to account manager within a year of joining the company, his expertise lies in building and executing value-based commercial models to deliver cutting-edge technological solutions in the oil and gas industry, contributing to the growth and success of his organization in Alaska.
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.